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Senior Cost Accountant

Senior Cost Accountant

Silicon LabsSingapore
14 days ago
Job description

What We are Looking For?

This role supports global cost and inventory accounting operations, including quarterly inventory costing, standard cost updates, and fixed asset management. The position involves maintaining product cost models, analyzing variances, and ensuring alignment with manufacturing processes. Responsibilities also include journal entries, month / quarter-end closings, and reporting on cost of sales and logistics. The role partners closely with Operations to drive cost efficiency, improve processes, and deliver accurate management reporting.

Skills you’ll need :

Support global cost and inventory accounting and reporting activities

Participate in quarterly inventory costing activities including standard cost update and standard cost forecast

Maintain product cost model and examine variances to ensure model remains aligned to manufacturing environment

Manage fixed asset forecast, additions, depreciation, and reconciliation

Monitor factory activities and test production absorption rate

Post journal entries for internal test factory and report allocation and absorption

Perform month end / quarter end closing activities in the inventory / manufacturing area

Seek and act on opportunities to reduce costs, improve processes and streamline workflows

Partner with Operations team to forecast and analyze cost of sales and freight / logistics expenses

Management reporting of actuals vs. forecast / plan

Other Activities :

Annual physical inventory count for manufacturing suppliers

Annual fixed assets impairment testing

Semi-annual Financial Assessment for manufacturing suppliers

Liaise with Internal & External auditors

Process improvement and automation project where applicable

Build and maintain effective data visualizations using Tableau

Any other activities being assigned

Required Experience & Skills :

Degree in Accounting or equivalent, with at least 3 years of working experience in Costing or Inventory

Knowledge of accounting & MS office software; SAP experience will be a plus

Meticulous and organized

Willingness to take on job rotation

Good interpersonal skills and a team player

Excellent command of English, both spoken and written

Experience in multi-national environment and / or semi-conductor industry preferred

Benefits & Perks :

Not only will you be joining a highly skilled and tight-knit team where every engineer makes a significant impact on the product; we also strive for good work / life balance and to make our environment welcoming and fun.

Employee Stock Purchase Program (ESPP)

Medical and dental insurance coverage including spouse and child(ren)

Bi yearly health screening and flu vaccination

Office location is above Tai Seng MRT station

LI-Hybrid

LI-DK1

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Senior Accountant • Singapore

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